Top Stocks to Buy 2011
Are you looking for the Best Stocks for 2011? Year 2010 I recommended AAPL when stock was $185 share, Now AAPL was trading $320 in January 2011.I do believe that AAPL could see $400 share next 12 months. Same like another stock I recommended NFLX when stock was $56 share.NFLX is trading $220 in April 2011.
I do believe year 2011 stock market will be overall good. Bank stocks will be higher at the end of the year because my Bank's stock pick will be at low risk stock. I will update weekly 2011 Stock's Weekly/Monthly Resistance & Support 2011.Also check out my Top 2010 Stock Gainers.Also more stock to watch for today Right Here
Apple Inc (AAPL)-Share of Apple Inc. (AAPL) is trading $320-$360 last few months.I am looking for long entry near $300 area in any market correction in market. AAPL share could see $400 next 12 months.I will keep watching 200 day moving average to get long entry near future.
Technical Analysis Stock Charts: Charts Below
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Citigroup Inc (C)- Share of Citigroup Inc. (C) is trading $4.30-$5 last few months and stock is bearish technical side now. Citigroup will have support at the 200 day moving average now ($4.45).Citigroup Inc will have resistance level now $4.62-$4.70.If C has the next support level $4.30 which is a good buying opportunity for long term. I think the time to buy under $4.30 area if market get correction.Also something to keep in mind, Citigroup will be doing a 1:10 reverse stock split in May 2011.
Technical Analysis Stock Charts: Charts Below
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Bank of America Corporation (BAC)- Share of Bank of America Corp (BAC) was trading $12-$18 last 6 months.Stock could hit $18-$20 next 12 months.Long term support area is $11 and resistance level is $15.Bank of America could close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011.
Cisco Systems Inc. (CSCO)-Cisco Systems will now have support at $17. Cisco Systems is a strong buy below $19 for the long term.Cisco Systems will now have support at $16.95 which is a new support level.Cisco Systems is a strong buy below $17 per share for long term buy list for 2011.But stock will stay this range long time but low risk stock.I am looking for next 12 months $24-$25 price target.
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Research In Motion Limited (RIMM)-Share of Research in Motion (RIMM) was trading $50-$70 last few months.Research in Motion will have resistance on the upside level at $60, 65 & $69. I think stock will say this area or will go low $50 which will good long term buy area.RIMM is a strong buy low $50.
Technical Analysis Stock Charts: Charts Below
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Citigroup Inc (C)- Share of Citigroup Inc. (C) is trading $4.30-$5 last few months and stock is bearish technical side now. Citigroup will have support at the 200 day moving average now ($4.45).Citigroup Inc will have resistance level now $4.62-$4.70.If C has the next support level $4.30 which is a good buying opportunity for long term. I think the time to buy under $4.30 area if market get correction.Also something to keep in mind, Citigroup will be doing a 1:10 reverse stock split in May 2011.
Technical Analysis Stock Charts: Charts Below
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Bank of America Corporation (BAC)- Share of Bank of America Corp (BAC) was trading $12-$18 last 6 months.Stock could hit $18-$20 next 12 months.Long term support area is $11 and resistance level is $15.Bank of America could close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011.
Technical Analysis Stock Charts: Charts Below
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Research In Motion Limited (RIMM)-Share of Research in Motion (RIMM) was trading $50-$70 last few months.Research in Motion will have resistance on the upside level at $60, 65 & $69. I think stock will say this area or will go low $50 which will good long term buy area.RIMM is a strong buy low $50.
Technical Analysis Stock Charts: Charts Below
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Ford Motor Co (F) Share of Ford Motor was trading $13-$16 last few months.Ford (F) will have resistance at $16. Ford will now hit the next resistance level $15. Ford continues a strong buy below low $14.Ford Motor could go $20-$22 next 12 months.This is one of my top pick for 2011.
Technical Analysis Stock Charts: Charts Below
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General Electric (GE)-Share of General Electric is trading $18-$21 this year.GE will have resistance at $21.50. General Electric will have support area $18 area which is 200 day moving average. General Electric continues a strong buy below low $16. General Electric could go $22-$25 next 12 months.This is one of my top pick for 2011.
Technical Analysis Stock Charts: Charts Below
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DryShips Inc (DRYS) Dryships Inc. (DRYS) stock was trading $4-$5 last few months.The next major resistance level for Dryships is now $5.50 and support area is $4.50.This is another stock could be double from here or stock could go $7-$8 stock next 12 months.
Technical Analysis Stock Charts: Charts Below
Energy Conversion Devices Inc (ENER)-Share of Energy Conversion Devices Inc is at low risk stock for 2011.Stock could go $6-$8 next 12 months. Stock was one of the hot stock was $2009-2010. Energy Conversion Devices Inc is a strong buy below $2 per share for long term buy list for 2011.
Technical Analysis Stock Charts: Charts Below
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